The Supreme Court issued a notice against Vijay Mallya over a contempt petition, filed by bankers, for non-disclosure of his complete assets. Bankers have alleged that despite apex court’s order, Mallya is yet to disclose his complete assets. Mallya has been four weeks time to respond to the notice.

According to the reports from ET Now sources India's second largest turbine maker Suzlon Energy is all set to float new independent company for its wind assets and the company has already initiated process for the same.

Gopal Agrawal, CIO, Mirae Asset Global and Dhirendra Kumar, CEO, Value Research discuss with ET Now the big picture and how for a one-year timeframe, every investor should not consider anything beyond ultra short-term bond funds and liquid fund.